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| Arthur Sadoun |
Publicis Groupe reported a 10.7 percent jump in Q2 revenues to $2.5B and 17.1 percent organic growth.
The company’s U.S operations posted 15.2 percent organic growth for Q2.
Business was up in all regions. North America reported 15.1 percent organic growth with $1.53B in net revenue.
Europe was up 24.3 percent; Asia Pacific jumped 13.6 percent growth; Middle East/ Africa rose 22.8 percent, and Latin America advanced 15.9 percent.
The company’s recovery was also strong across the first half of the year, with overall organic growth of 9.7 percent and all individual regions showing gains.
CEO Arthur Sadoun said Publicis “topped new business rankings for the first half of the year, thanks to a strong run of wins.”
He also noted that the company’s “ability to capture a disproportionate part of our clients’ investment in data and technology means we are in a position to upgrade our 2021 guidance.”
Sadoun predicts full-year organic growth of seven percent and an operating margin of 17 percent, barring “any major deterioration” surrounding the pandemic.
Publicis owns MSL, Kekst CNC and Qorvis Communications.
Edelman handles Viking Holdings, the river and ocean luxury cruise line that plans to raise $1B via an IPO priced in the $21 to $25 per share range.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
Tod Donhauser, a nine-year veteran of Edelman, has joined H/Advisors Abernathy as managing director and head of its San Francisco office.
Intelligent Group Ltd, a Hong Kong-based financial PR firm, has priced its initial public offering of 1.9M shares at $4, which is the low end of the $4 to $5 range.
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